What Is a Penthouse Apartment?

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What Is a Penthouse Apartment?

A penthouse apartment is one located on the top floor of a building. Find out about a penthouse apartment with help from a real estate professional in this free video clip.

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Hi, my name is Michael Chadwick, and I'm a licensed real estate salesperson with Bonds New York in Columbus Circle. I help people buy, sell and rent real estate. What is a penthouse apartment? In short, a penthouse is a luxury apartment at the top floor of a building, often the nicest apartment in the building. There could be more than one penthouse apartment available. Penthouse dates back to the 1920s, one of the earliest penthouses that we know of according to Wikipedia is the penthouse owned by Conde Nast. It was a duplex at 1040 Park Avenue. It was made famous by these lavish parties and salons and it was a place that great things happened that you don't talk about once you leave the party. Penthouses are really incredible and it's one of the things that really makes New York City real estate so special in other large markets around the country and around the world because our penthouses are, they really bring luxury up to another level. Imagine having a view of the entire city skyline or Central Park or the bay, you know, and having all a private keyed elevator and high ceilings and a private rooftop access. Penthouses are truly amazing, and one that I hope to own myself some day.